Cheap Apartments for Rent near Loon Lake, WA from $962 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Loon Lake.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Dakota Flats
Rent Specials
$1,222 - $1,302
Total Monthly Price

Total Monthly Price

Base Rent
$1,222 - $1,302

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Dakota Flats

514 E Hastings RdSpokane, WA 99218
Student Housing
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  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Blue Point Apartments
Rent Specials
$1,300 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,065

Total Monthly Price
$1,300 - $2,065
Studio to 3 Bedroom Apartments Available Now

Blue Point Apartments

15001 N Wandermere RdSpokane, WA 99208
Affordability
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  • Customer Reviewed
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Black Iron Apartments
Rent Specials
$1,495 - $2,070
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,070

Total Monthly Price
$1,495 - $2,070
1 to 3 Bedroom Apartments Available Now

Black Iron Apartments

11684 N Standard DrSpokane, WA 99218
Pet Friendly
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  • Utilities Included
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Riverside Village
2 Bedroom Apartments

Riverside Village

5300 W Rifle Club CtSpokane, WA 99208
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Loon Lake, WA Local Guide

Cheapest Available Loon Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loon Lake, WA is a 1 Bed unit found at FOREST CREEK APARTMENTS in the Town and Country neighborhood priced from $889. Crosspointe Apartments in the North Indian Trail neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Loon Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
FOREST CREEK APARTMENTSPlan A1BR,1BA$889
Crosspointe ApartmentsCrosspointe 1 bedroom1BR,1BA$985
Mayfair CourtMayfair Court 1 Bedroom1BR,1BA$985
Brentwood Gardens Apartments1BR/1.0BA1BR,1BA$995
Cedar Creek Village II1 Bedroom1BR,1BA$1,010
Forest Park1 Bed 1 Bath1BR,1BA$1,045
Cedar Meadows2 Bedroom 1 Bath2BR,1BA$1,045
Colfax Sandhill ApartmentsColfax- 1 bedroom1BR,1BA$1,050
Cedar Creek Village I1 Bedroom1BR,1BA$1,100
Forest Park Court1 bed 1 Bath1BR,1BA$1,100

Best Value Apartments for Rent in Loon Lake, WA and Nearby

As of August 29, 2026 the best value apartment in the Loon Lake area is the $1.22 price per square foot The Grand Fir Model at The Timbers at Wandermere in the in the Town and Country neighborhood starting from $2,050. The second greatest value Loon Lake apartment is the 3 bed 2 bath Model at Northridge Court starting at $1,550 with a $1.23 price per square foot in the Balboa neighborhood. Here is today’s list of the best values for Loon Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Timbers at WandermereThe Grand Fir3BR,3BA$1.22
Northridge Court3 bed 2 bath3BR,2BA$1.23
Bellwood Park Apartments2x22BR,2BA$1.23
Castlegate ApartmentsClassic2BR,2BA$1.28
Fairground Apartments Phase 2Upper Floor 3/23BR,2BA$1.29
Fairgrounds ApartmentsMain Floor 3/23BR,2BA$1.34
Cedar Forest Estates2 Bedroom 1 Bath2BR,1BA$1.23
Dakota FlatsOne Bedroom, One Bathroom1BR,1BA$1.36
Cedar Meadows2 Bedroom 1 Bath2BR,1BA$1.22
FOREST CREEK APARTMENTSPlan A1BR,1BA$1.28

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Loon Lake Apartments

How much is rent for a Cheap One Bedroom Loon Lake Apartment?

The lowest price for a Cheap One Bedroom Loon Lake Apartment is $889 at FOREST CREEK APARTMENTS.

What is the lowest price for a Cheap Two Bedroom Loon Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Loon Lake is starting from $1,045 at Cedar Meadows.

What is the most affordable Loon Lake Three Bedroom Apartment?

The best deal on a cheap Loon Lake Three Bedroom Apartment rental is at Fairgrounds Apartments and starts from $1,400.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.